Australian jobs report due today - meanwhile the RBA remain comfortable with wage growth
Australian wages data was published yesterday - responses
Stay updated with breaking news from May Statement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Australian wages data was published yesterday - responses
Q1 CPI is the focus, and we'll get March month CPI also
The RBNZ left the OCR at 5.5% as expected. The record of the meeting states that the risks to the outlook were viewed as "little changed" since the February Statement.
Reading the tea leaves on one of the shortest and least revealing statements in many years, economists warn that the Reserve Bank has maintained a hawkish...
The information flow has been very light since the February Monetary Policy Statement - hence we don't think the RBNZ's monetary policy stance will have changed much since February. We expect no change in the OCR, with the decision to be accompanied by a relatively short statement that suggests little change in the OCR outlook from that communicated in the February Statement. We expect the RBNZ will: